earnings
confidence high
sentiment negative
materiality 0.70
Green Thumb Q1 2025: Revenue $280M (+1%), net income $8.3M vs $31.1M prior year
Green Thumb Industries Inc.
2025-Q1 EPS reported
$0.04
revenue$279,540,000
- Revenue $280M (+1% YoY); GAAP net income $8.3M ($0.04 per share) vs $31.1M ($0.13) in Q1 2024.
- Adjusted EBITDA $85.2M (30.5% of revenue) down from $90.5M (32.8%) in Q1 2024.
- Cash flow from operations $74M; cash balance $211M.
- Comparable store sales down 5.3%; opened two new RISE dispensaries in Nevada and Ohio.
- Management cites pricing compression, increased competition, and consumer softness as headwinds.